U.S. Treasury Weighs Exit From Ally Financial

By

Jeffrey Sparshott And

Andrew R. Johnson

Jan. 30, 2013 9:34 a.m. ET

WASHINGTON—The U.S. Treasury plans to start winding down its investment in Ally Financial Inc. as the bailed-out auto lender sells off international holdings and its mortgage subsidiary moves forward in bankruptcy proceedings, moves that could happen as soon as this year.

"As these two key initiatives are completed, Treasury will be able to monetize its remaining investment through a sale of stock [either through a public or private sale] or through further sale of assets," Assistant Secretary for Financial...